Automatic Data Processing Inc
ADP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <$L | LOCK|%F^? | LOCK|<#wn<> |
ADP Earnings: Higher Float Income Supports Guidance Increase; We Maintain FVE at $263
ADP reported fiscal 2027 first-quarter sales of $5.49 billion, up 6% year over year. Adjusted earnings per share came in at $2.82, ahead of FactSet consensus of $2.77, largely due to higher-than-expected client funds interest income and efficiency gains.
